Singapore Gasoline MOC Trades Plunge

Asia and Middle Eastern Gasoline Daily Market Analysis / Singapore gasoline MOC trades fall nearly 37% MOM in March / Monitoring of de-escalation efforts in the Middle East

Jun 02, 2026

The Asian gasoline complex weakened on April 1 amid market monitoring of de-escalation efforts in the Middle East. Brokers pegged the front-month FOB Singapore 92 RON gasoline swaps crack spread against Brent swaps at $24.90-$24.95/b midafternoon April 1, down from the of $27.29/b at the Asian close March 31. Broking sources also placed the physical FOB Singapore 92 RON gasoline crack spread against the front-month ICE Brent crude oil futures at $32.15- $32.20/b midafternoon April 1, down from the of $25.87/b at the Asian close March 31. “I would say we have not fully reflected the actual supply tightness yet,” a Singapore-based trader said. The volume of physical gasoline traded during the Market on Close assessment process in Singapore fell 36.59% from February to 1.3 million barrels in March, the...

Exclusive market movement data, shipping lineups, demand signals and pricing rationale continue in full report.

Unlock complete article access with a paid account.

Continue Reading With Membership

This is a preview. Login and activate a paid plan to read the complete article.